grob tea company has fixed Tuesday, August 4, 2026, as the record date to determine shareholder entitlement for the final dividend of ₹2 per equity share for the financial year 2025-26. The dividend is subject to the approval of shareholders at the Annual General Meeting (AGM). The company announced that the register of members and share transfer books will remain closed from Wednesday, August 5, 2026, to Tuesday, August 11, 2026, for the purpose of the AGM and determining dividend entitlement.

AGM Schedule and E-voting

The AGM is scheduled to be held on Tuesday, August 11, 2026, at 02:00 P.M. via Video Conference and Other Audio Visual Means. The meeting will take place at the Registered Office of the Company at "Haute Street", 9th Floor, 86A, Topsia Road, Kolkata – 700046. Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the record date of August 4, 2026, also serves as the cut-off date to determine the eligibility of members to vote by remote e-voting or e-voting at the AGM.

Dividend Details

The Board of Directors recommended the final dividend of ₹2 per equity share on the face value of ₹10 each in its meeting held on May 13, 2026. If approved by shareholders, the payment of the dividend will be made within 30 days from the date of approval, subject to deduction of tax at source.

The key dates and parameters are summarised below:

The Grob Tea Company Limited has disclosed the resignation of its statutory auditor, M/s GARV & Associates, Chartered Accountants (Firm Registration No. 301094E), effective 13 May 2026. The intimation was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024. The resignation takes effect from the close of business hours on 13 May 2026, upon completion of the issuance and signing of the Limited Review Report and Audit Report for the financial results for the quarter and year ended 31 March 2026.

Key Details of the Auditor Resignation

The following details have been disclosed in accordance with Regulation 30 of the SEBI Listing Regulations and the applicable SEBI Master Circular:

Reason for Resignation

M/s GARV & Associates was originally appointed as statutory auditor of The Grob Tea Company for a period of five years, covering financial years 2022-23 to 2026-27, at the Annual General Meeting held on 2nd August, 2022. In their resignation letter dated 13 May 2026, the firm stated that discussions regarding statutory audit fees for the financial year ending 31 March 2027 did not reach a resolution. The firm cited that the existing fees are not commensurate with the time and effort required for carrying out the audit engagement, particularly in view of entity acquisitions by the company and the associated responsibilities as statutory auditors.

The resignation letter, addressed to the Board of Directors and specifically to Mr. Mukesh Kumar Agarwal, Whole-time Director, referenced prior correspondence dated 6 May 2026 and subsequent discussions that failed to yield an agreement. The firm confirmed that there is no other material reason for the resignation beyond those stated, and that no concerns regarding inability to obtain sufficient audit evidence or management-imposed limitations were applicable.

Regulatory Compliance

The disclosure was made in compliance with the SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11 July 2023, which prescribes the information to be provided by an auditor upon resignation. M/s GARV & Associates, headquartered at 27A Hazra Road, Kolkata-700029, confirmed that all required information has been furnished and that the resignation information provided is correct and complete. The company has been directed to submit applicable declarations to the stock exchanges within the prescribed timelines. The intimation was signed by Neha Singh, Company Secretary and Compliance Officer of The Grob Tea Company Limited.